Mortgage brokers don’t just prepare documents, they manage customer relationships and work with all parties to ensure an easy real estate transaction process. Due to the current market, brokers are having to do even more to ensure their clients are receiving excellent service. To maintain their portfolios, brokers are turning to wholesale lenders who can provide the technology and resources needed to help service their clients. The ten companies featured in this section offer solutions to help brokers handle high volumes so they can close loans faster and more efficiently.
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Starting March 14, 2022, the Federal Housing Administration will require all lenders to use FHA Catalyst for appraisals.
The week following Labor Day saw a flurry of mortgage loan application activity, with volume jumping by 4.9% for the seven days ending Sept. 17, according to the MBA. Refis were on the front foot again.